Bank of Communications International Maintains HESAI-W (02525) Target Price at HK$269.66, Reiterates "Buy" Rating

Stock News

05/21

Bank of Communications International has issued a research report maintaining its target price for HESAI-W (02525) at HK$269.66 and a "Buy" investment rating. The target price corresponds to 8.5 times the projected 2026 price-to-sales ratio. Based on expectations of improved profitability driven by overseas volume expansion and the Strategic Growth Initiatives (SGI) business, the firm continues to view the company's long-term growth potential favorably. Bank of Communications International noted that Hesai Group's first-quarter shipments exceeded expectations, paving the way for revenue contributions from its LiDAR business and SGI business starting in the second quarter. The firm has incorporated the SGI business into its revenue forecasts, raising its revenue projections for Hesai Group for 2026-2028 by 2% to 12% to RMB 4.364 billion, RMB 5.987 billion, and RMB 7.502 billion, respectively.

免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。

热议股票

{"basename":"/hans","ssrTDKData":{"titleTemplate":"%s - 老虎证券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎证券,老虎证券开户,老虎券商,老虎证券官网,老虎证券app,tigertrade老虎证券,股票,炒股,新加坡股票交易平台,投资,投资理财","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hans/news/1172359729"},"companyName":"老虎证券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1172359729\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1172359729?lang=zh_CN&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-05-21 10:37","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1172359729","market":"hk","top_or_hot":-1,"title":"Bank of Communications International Maintains HESAI-W (02525) Target Price at HK$269.66, Reiterates \"Buy\" Rating","media":"Stock News","content":"<p>Bank of Communications International has issued a research report maintaining its target price for HESAI-W (02525) at HK$269.66 and a \"Buy\" investment rating. The target price corresponds to 8.5 times the projected 2026 price-to-sales ratio. Based on expectations of improved profitability driven by overseas volume expansion and the Strategic Growth Initiatives (SGI) business, the firm continues to view the company's long-term growth potential favorably. Bank of Communications International noted that Hesai Group's first-quarter shipments exceeded expectations, paving the way for revenue contributions from its LiDAR business and SGI business starting in the second quarter. The firm has incorporated the SGI business into its revenue forecasts, raising its revenue projections for Hesai Group for 2026-2028 by 2% to 12% to RMB 4.364 billion, RMB 5.987 billion, and RMB 7.502 billion, respectively.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bank of Communications International Maintains HESAI-W (02525) Target Price at HK$269.66, Reiterates \"Buy\" Rating</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBank of Communications International Maintains HESAI-W (02525) Target Price at HK$269.66, Reiterates \"Buy\" Rating\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2026-05-21 10:37</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Bank of Communications International has issued a research report maintaining its target price for HESAI-W (02525) at HK$269.66 and a \"Buy\" investment rating. The target price corresponds to 8.5 times the projected 2026 price-to-sales ratio. Based on expectations of improved profitability driven by overseas volume expansion and the Strategic Growth Initiatives (SGI) business, the firm continues to view the company's long-term growth potential favorably. Bank of Communications International noted that Hesai Group's first-quarter shipments exceeded expectations, paving the way for revenue contributions from its LiDAR business and SGI business starting in the second quarter. The firm has incorporated the SGI business into its revenue forecasts, raising its revenue projections for Hesai Group for 2026-2028 by 2% to 12% to RMB 4.364 billion, RMB 5.987 billion, and RMB 7.502 billion, respectively.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HSAI","symbol_name":"禾赛","start_time":0,"source_url":"","article_id":"1172359729","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1172359729","pubTimestamp":1779331028,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"Bank of Communications International has issued a research report maintaining its target price for HESAI-W (02525) at HK$269.66 and a \"Buy\" investment rating. The target price corresponds to 8.5...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"HSAI":"禾赛","02525":"禾赛-W","LU2476274308.USD":"ALLIANZ CHINA FUTURE TECHNOLOGIES \"AT\" (USD) ACC","LU2778985437.USD":"ALLIANZ CHINA FUTURE TECHNOLOGIES \"A\" (USD) INC","BK4124":"机动车零配件与设备","BK1144":"机动车零配件与设备","LU2476274720.SGD":"ALLIANZ CHINA FUTURE TECHNOLOGIES \"AT\" (SGDHDG) ACC"},"translate_title":"交银国际维持禾赛-W(02525)目标价269.66港元，重申“买入”评级","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"02525":1,"HSAI":1},"content_text":"Bank of Communications International has issued a research report maintaining its target price for HESAI-W (02525) at HK$269.66 and a \"Buy\" investment rating. The target price corresponds to 8.5 times the projected 2026 price-to-sales ratio. Based on expectations of improved profitability driven by overseas volume expansion and the Strategic Growth Initiatives (SGI) business, the firm continues to view the company's long-term growth potential favorably. Bank of Communications International noted that Hesai Group's first-quarter shipments exceeded expectations, paving the way for revenue contributions from its LiDAR business and SGI business starting in the second quarter. The firm has incorporated the SGI business into its revenue forecasts, raising its revenue projections for Hesai Group for 2026-2028 by 2% to 12% to RMB 4.364 billion, RMB 5.987 billion, and RMB 7.502 billion, respectively.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}